Trend Table for TIMB - TIM S.A.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 21	F	Strong	Down	Down	Down	0.00%
Nov 20	F	Strong	Down	Down	Down	-2.84%
Nov 19	F	Strong	Down	Down	Flat	-3.46%
Nov 18	F	Strong	Down	Down	Up	-4.00%
Nov 15	F	Strong	Down	Down	Flat	-3.39%
Nov 14	F	Strong	Down	Down	Flat	-3.86%
Nov 13	F	Strong	Down	Down	Down	-3.05%
Nov 12	F	Strong	Down	Down	Up	-4.27%
Nov 11	F	Strong	Down	Down	Up	-4.60%
Nov 8	F	Strong	Down	Down	Down	-1.58%